BinaryMate Review 2017

BinaryMate Review

One of the more recent additions to the binary options industry, BinaryMate offers some very interesting features which have made them very popular with many traders in a very short while. First and foremost, they offer a 24/7 live video chat support, but you can also trade with them around the clock, too. This broker literally never stops, so you are able to come to them and trade whenever you want. You can also get some nice bonuses from them, but even that’s not all the company has to offer. To learn everything about this broker, just keep reading our BinaryMate review because our experts examined every nook and cranny of their website.

We will show you all of its secrets, so stay with us and read on – you’re in for something special.

PROS

CONS

– non-stop trading

– live video support

– accepts US traders

– accepts Bitcoin

– very dedicated to traders

– contests

– low withdrawal requirement

– mobile app in development, but coming very soon

– average minimum deposit

BinaryMate Review | Login

Well, the first thing you obviously have to do to start trading here is to complete the BinaryMate login process, which is really easy. You only have to fill out a short form containing your name, phone and e-mail and choose the currency you’re going to use (the euro, the British pound and the US dollar are your options here), but be careful since you cannot change your currency later on. All of your information is in perfectly safe hands because the company is 100% legit, something that we will discuss much more later on in the article. You can also familiarize yourself with BinaryMate Terms and Conditions here, which we sincerely recommend because you will have a much better idea of how this company operates after that. Once you’re done with everything, with a click of a button you will be taken to the trading screen where you can explore the platform as much as you want. That’s what we do in the next part of our BinaryMate review, so don’t go away!

BinaryMate Account Opening

BinaryMate Review | Trading platform

When you get to the trading platform, you will see that it is very well designed. All the credit goes to the broker here because they have developed the platform themselves. In fact, they really did a wonderful job as the data just keeps flowing in and is clearly visible, with all the commands being very intuitive and responsive. Of course, the prices are constantly updated, which prevents all kinds of scams. You can choose primarily between currencies and commodities here, plus there are three main modes – Turbo, Intraday and Long term. However, what sets this platform apart from many others of its kind is the fact that you can trade non-stop. That’s right, you can even trade during weekends, which is an option you will not easily find anywhere else. You can also earn a pretty penny too because BinaryMate payout can be as high as 90%. This is a pretty impressive number, given that the average amount in the industry is usually somewhere between 80% and 85%. There are, of course, many more features this platform has to offer, but they are so important when in comes to your overall impression of this company that we had to examine them in separate paragraphs of our BinaryMate review. Go ahead and dive in, they are just below!

BinaryMate Trading Platform

BinaryMate Review | Demo Account

Yes, next up is the BinaryMate demo account, a very handy tool if you want to see how things work around here without risking any of your money. To access it, you first have to go through the aforementioned login process and then make a minimum deposit ($250). Obviously, you will be able to manage that money later on as you see fit – this deposit is here just to activate your account and you won’t lose a single cent because of it. Once you’re done with everything and get to your demo account, you’ll see how helpful it can be to all traders. Because of its excellent design, it’s very easy to keep track of market developments, which means you can easily test out various strategies without any risk. It is also an excellent educational tool, especially if you’re a beginner because this broker has a basic course to help you get started. The experience you get this way is pretty much the same you get with the real trading account, only you’re doing everything with virtual money here. But BinaryMate demo account is just one of several account types you can use to trade here. Want to learn about real trading accounts? Just keep reading our BinaryMate review and you’ll find out everything!

BinaryMate Review | Account Types

Once you’re done with testing things out, you can easily switch to your real trading account. You can choose between three different packages on this website – Bronze, Silver and Gold. The first one is the most basic package, but it contains all the features that make this broker so special: 24/7 live video chat, quick withdrawals (they take only one hour), a deposit bonus and a demo account. Therefore if you’re just getting started, this may very well be the perfect account for you. The Silver account is the most popular type at the moment, with all the features of the Bronze account and a special web session plus 3 risk-free trades. The Gold account will include all of that and even add a Swiss prepaid card to the mix. With this last account, you will also get a personal manager to help you with your trades, an experienced professional with a vast knowledge of the trading world. In short, everything you need is right here. All BinaryMate account types are well equipped and guarantee a great trading experience. All you have to do is make your choice. And if you, by any chance, don’t have the time to sit in front of your computer all the time, the solution for that is just below.

BinaryMate Account Types

BinaryMate Review | Mobile app

BinaryMate mobile app is about to come out very soon. In fact, it may already be available as you’re reading this. It will, of course, be completely free to download and contain all the features the desktop platform offers. Furthermore, it will also be available for both Android and iOS mobile devices, which means you will be able to run it on pretty much every tablet or smartphone. We managed to get a sneak preview of the app and were pleasantly surprised by how intuitive this piece of software actually is. Thanks to its clever design, it is extremely easy to trade with and to keep track of market events. Like we said, you lose nothing compared to the desktop platform, which means all assets and all trading models will be right in front of you and that you will be able to react instantly if you see that a big market event has taken place. A few taps are everything you’ll need to start trading. Therefore, if you’re always on the go, BinaryMate mobile app is definitely going to be the perfect solution. In short, everything you’d expect from a high-quality product can be found here. You will even be able to easily manage your funds with it too, but we will talk more about these processes in the next part of our BinaryMate review. Stay tuned!

BinaryMate Mobile App

BinaryMate Review | Funding and Withdrawal

Ok, so the platform has loads of options, but what about BinaryMate funding and withdrawal? Well, we have some good news for you here, too. The number of methods you can use is really impressive and includes things like Visa and MasterCard credit card brands, plus e-wallets like Neteller, Skrill, JCB, Qiwi, Webmoney and much more. The broker even accepts Bitcoin, which is really not very common in this industry and we have to award them extra points for that. As you can see, there are plenty of possibilities in this respect, plus all options are available for both deposits and withdrawals, so everything goes really smoothly. Let’s now take a look at the numbers, one of the most important parts of this BinaryMate review.

BinaryMate Funding Methods

BinaryMate funding has a minimum deposit requirement of $250. This is a fairly average amount in the industry, but the good news is that the minimum trade requirement is just $1 (maximum trade is $3000). This allows you to be extremely flexible on the market and guarantees a huge number of trades even with the lowest deposit. There are absolutely no BinaryMate funding fees either, and most of your transfers will be visible immediately, although some may take up to an hour.
BinaryMate withdrawal is even better because the minimum requirement is only $50. This is much lower than what most other brokers ask and another big plus for this company. BinaryMate withdrawal fees are also non-existent and the whole process takes between only one and a few hours, provided that you verify your account of course. However, we have to ask can this company actually be trusted with your money. In other words, is BinaryMate a scam? The answer is in the next paragraph.

BinaryMate Review | Scam?

Think BinaryMate is a scam? Well, think again! After trading with this company for a while, we can only say that this is a legit company and this part of our BinaryMate review will show you why we think that. First of all, all your personal and financial data will be heavily encrypted. A 256-bit SSL encryption system is responsible for this, which can immediately tell you a lot since most brokers only use 128-bit systems. Therefore, this company leaves nothing to chance and only you and you alone will be able to fully access the data you use for trading on this website. We can also say that our every transfer went through without the slightest problem, and we tested each and every one of the available transfer methods. No BinaryMate scam attempts were ever detected, which shouldn’t be a big surprise because all funding and withdrawals have been verified by Visa MasterCard secure code. In addition, a 3D Secure program is also used to protect your transactions.
We will also mention here that this company accepts all traders, no matter where they come from. This is especially important for our US readers because they can trade with BinaryMate, too. Yes, BinaryMate USA traders do exist (and they’re quite numerous), so if you’re from this big country, you will definitely want to consider trading with this broker. There aren’t too many companies that work with people from the USA, which is another big advantage BinaryMate has to offer.

BinaryMate Advantages

Like we said earlier, all terms and conditions of trading here are readily available, plus there’s also a detailed document on the company’s confidentiality policy you can read. Naturally, everything is done here to prevent money laundering and all other illegal activities, so you can rest assured you’re in good hands. In short, no problems were ever observed by our team, so we can conclude nothing else apart from the fact that BinaryMate is legit. Their customer support is another proof of that because not only is it also very good, but it’s also very special. However, we will talk more about that in the following paragraph of our BinaryMate review. Don’t go away!

BinaryMate Review | Contact

Like we said at the beginning of this article, one BinaryMate contact method is very special and sets this company apart from all others. Of course, we’re talking about the 24/7 live video chat these people have set up. Yes, whenever you come to the website, you will be able to see the broker’s support staff in action. This really helps the company’s credibility along because to see their employees in action gives you a better sense of authenticity – you can actually see that everything is legit. Of course, BinaryMate can also be contacted by other methods: by phone, e-mail and through social networks (Twitter and Facebook). We should mention here that six different phone numbers are available (English, Chinese, Thai, Russian, Australian and Singapore) and that the company is currently working on translating the whole website to numerous different languages (Spanish, Russian, Arabic and French, just to name a few). No matter which contact method you choose, though, you can be sure that your questions will be answered by a competent support team member. These people are very well trained and coordinated and will solve every issue you might have in the shortest amount of time possible. Once again, we can conclude that you are in good hands here, but we still have a lot to examine. Interested in a boost to your trading funds? The next part of our BinaryMate review will show you how to get it.

BinaryMate Contact

BinaryMate Review | Bonus

BinaryMate bonus policy offers a pretty nice way to quickly earn some additional trading resources. First of all, you can get a very solid welcome bonus after your first deposit. Depending on how much you choose to start with, you can gain up to 100% of the invested amount. For deposits up to $1000 dollars the bonus is set to 20%, from $1000 to $3000 you will get 50% extra, whereas your funds will be doubled if you deposit $3000 or more. As you can see, no matter how much you deposit you will get some kind of bonus, but since the levels are not that high, going for the top tier could be the right move. Apart from this more standard BinaryMate bonus, you can also get up to three risk-free trades. In other words, the broker will cover your losses on three occasions, which gives you an opportunity to invest a lot without actually taking any risks. What is also interesting is that you can trade under the guidance of one of this company’s best trading experts, which can also be seen as a way to improve your account balance.

BinaryMate Bonus

But the most interesting way to receive a boost is most certainly through a BinaryMate promo code. This is how you can get those three risk-free trades we mentioned earlier, but there are also other perks available this way. To get the promo codes, you will have to dig a little, but we suggest checking the social networks and using your Internet browsers, of course. In any case, the value of your investment with this company can be increased fairly easily, so you’d think there can be no complaints to this offer. But is that really the case? Read on and find out.

BinaryMate Review | Complaints

As you can see, we really have no serious BinaryMate complaints to make. Our team was very satisfied with the way things work on this website and pleasantly surprised with several innovative features. However, we wanted to see what other traders think, so we interviewed several people for the purposes of this BinaryMate review who traded or are still trading with this broker. All in all, their impressions were quite positive, although there were one or two traders who wanted to accuse the broker of frauds and scams. We looked into their accusations and never found a single clue that would show that they are right. Given that these people had no evidence of their own, we just couldn’t take their BinaryMate complaints seriously. We have to side with the majority on this issue and say that we saw nothing wrong with the broker while we were trading with them. The company takes its job and its clients very seriously and does its best to provide a memorable trading experience to everyone. The thing we discuss in the next paragraph is another proof of that.

BinaryMate Review | Contest

If you like to compete against other traders, BinaryMate contest will surely interest you. These events are weekly competitions that last from every Sunday 21.00 GMT and end on every Friday, also at 21.00 GMT. You don’t have to pay anything extra to participate and the prizes are quite attractive – $20000 in cash is handed out to top 4 traders every week, whereas other 16 members of the top 20 will receive trading bonuses. These bonuses can range from $100 to $1000, which means it can really pay off to participate. What is particularly interesting about BinaryMate competitions is the fact that the contestants are ranked according to the number of trades they perform. The outcome of those trades is not important, so you don’t have to worry about your success rate or about how much money you make from your trades. Some other competitions may favor those who invest larger amounts, but not this one. Still, it should be mentioned that the minimum trade for this contest is $10 and that your net trading balance must be at least $250 if you want to receive the prize. Of course, you can also decline the bonus if you don’t want it to be added to your account balance. Once the contest is over, the broker will send you an e-mail informing you of your rank and the prize you’ve won. All in all, this is a great addition to the trading experience you get with this broker and the fact that the prizes are so high and numerous only makes everything more attractive. If you trade regularly, BinaryMate contests are definitely for you. With that, we can wrap this review up with a short recap.

BinaryMate Contest

BinaryMate Review | Conclusion

At the end of this BinaryMate review, we can only emphasize once more that this new broker offers everything you need for a great trading experience. Their trading platform is excellent, financial requirements reasonable and transfer methods extremely numerous. But what really sets this company apart from the rest of the industry are their innovative features such as 24/7 live video chat support and non-stop trading. Substantial bonuses can also be acquired, and the security system is very strong and performs flawlessly. You can also compete against other traders and win great prizes, plus there’s a very nice mobile app you will be able to download for free is coming very soon. It is especially important to emphasize that the company accepts literally all traders, no matter where they come from, which means that US traders can also join in on the fun. As you can see, the list of advantages of trading here is quite a long one, so if you have read everything up to this point you know where we stand and what we think about this company. Thus, the only thing left for you to do is to open an account and see for yourself what this website has to offer. Do it and prepare yourself for the ultimate trading experience!

Author's overall rating:

Author: Ben Prescott

Updated: July 27, 2018

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